CHA News Article

Proposition 4 Will Provide Funding for Hospitals That Provide Pediatric Services

The Children’s Hospital Bond Act of 2018 — passed by voters as Proposition 4 on the Nov. 6 general election ballot — authorizes the state to issue $1.5 billion in general obligation bonds. The bonds, when sold, will fund grant awards to hospitals that provide children’s health care services. 

The funding will reimburse hospitals for projects that expand, construct, remodel, renovate, furnish or equip an eligible hospital. Of the $1.5 billion in awards, $1.08 billion will be available for eligible children’s hospitals, $270 million will be available for University of California children’s hospitals, and the remaining $150 million will be available for public or nonprofit hospitals that provide pediatric services to children eligible for the California Children’s Services Program.

The grant awards will be administered by the California Health Facilities Financing Authority (CHFFA). CHFFA will propose regulations to implement and run the program, and hospitals will have an opportunity to comment on selection criteria and other provisions. When the proposed regulations are available for comment, CHA will notify members through CHA News